Monday, September 28, 2020 2:32:44 PM
We continue to anticipate the ruling in our ongoing legal complaint with Grupo Rontan Metalurgica, S.A., ("Rontan") and Rontan's controlling shareholders, Joao Alberto Bolzan and Jose Carlos Bolzan. We firmly believe that our legal team of Boies Schiller Flexner, as well as William Issacson of Paul Weiss, are arguably the most respected attorneys regarding cross-border matters and will ultimately bring this judgment to a successful closure. We fully appreciate and understand the time it takes for the United States District Court for the Southern District of Florida to formally rule on this matter, but we are hopeful, through conversations with our legal team, that a ruling will occur soon. Upon our notification of this ruling, we will immediately communicate an action plan to our shareholders.
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